Do Jehovah's Witnesses believe in heaven and not hell?

I'm very close to someone who was raised JW and he says that there is no hell; only a heaven. Is that really what they believe? If so, does it sound strange to anyone else? It's almost like... "If I'm good, I'll go to heaven, but if I'm evil, I'll pay no price for it." show more I'm very close to someone who was raised JW and he says that there is no hell; only a heaven.

Is that really what they believe?

If so, does it sound strange to anyone else?

It's almost like... "If I'm good, I'll go to heaven, but if I'm evil, I'll pay no price for it."
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